HomeMy WebLinkAboutResolution No. 3975 RESOLUTION NO. 3975
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY AND THE CITY COUNCIL OF THE CITY
OF PARAMOUNT APPROVING AND ACCEPTING NEGOTIATED
PROPERTY TAX REVENUES, IF ANY, RESULTING FROM
DETACHMENT OF TERRITORY FROM DOWNEY AND
ANNEXATION TO PARAMOUNT
"DEANNEXATION NUMBER 7 FROM CITY OF DOWNEY"
ANNEXATION TO THE CITY OF PARAMOUNT
WHEREAS, Pursuant to Section 99 of the Revenue and Taxation Code,
prior to the effective date of any jurisdictional change, the governing bodies
of all agencies whose service areas or service responsibilities would be altered
by such change must determine the amount of property tax revenues to be exchanged
between the affected agencies and approve and accept the exchange of the property
tax revenues by resolution; and
WHEREAS, the City Councils of the City of Downey and the City of
Paramount have determined that the subject territory within Deannexation Number 7
from the City of Downey is identified as being a part of Los Angeles County Tax
Code Area No. 3273 and further identified as being in the public right -of -way
being located within Downey City Tax District Number 1 which has no current
property tax levy (0.000).
NOW, THEREFORE, IT IS RESOLVED THAT since no property tax is currently
levied by the City of Downey in the subject territory, no property tax monies
will be transferred from the City of Downey to the City of Paramount as a
result of the completion of this deannexation from the City of Downey.
The foregoing resolution was adopted by the City Councils of the City of Downey
and the City of Paramount.
City of Downey City of paramount
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Milton R. Mackaig, Mayor Mayor
, � ° 1` �/
Clerk �', /.
City
y — z ty Clerk
June 8, 1981 July 1, 198i
Date Date
CITY OF DOWNEY
RESOLUTION NO. 3975
Page 2
I HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution
No. 3975 passed and adopted by the City Council of the City of Downey at a regu-
lar meeting thereof held June 8, 1981.
Robert L. Shand, City Clerk
ROLL CALL VOTE:
AYES: 5 Council Members: Swearingen, Quinn, Cormack, Jackman, Mackaig
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None